GoldScalpGS

GoldScalp is a powerful, hybrid Expert Advisor designed specifically for trading Gold (XAUUSD). It utilizes a sophisticated combination of Scalping, Swing Trading, and Grid-News strategies. Powered by a custom-built ZigZag indicator, GoldScalp is engineered to find the most accurate entry points while keeping your risk strictly managed.

Overview

  • Hybrid Approach: Seamlessly integrates Scalp, Swing, and Grid-News strategies.

  • Custom ZigZag Logic: The EA tracks and connects extreme high/low points on the chart based on a specified percentage distance, ensuring precise entries on major price reversals.

  • Highly Optimized: Backtested with 99.90% modeling quality to ensure the highest stability and profitability.

  • Strict Risk Management: Opens only 1 trade at a time (Max open trades = 1), protecting your account from heavy grid exposure.

  • Smart SL & TP: * Uses a fixed, protective Stop Loss of 24 pips (240 points).

    • Uses a Dynamic Take Profit that adjusts automatically based on current market sentiment.

  • Redundant Protection: Features a secondary/backup Trailing Stop to ensure profits are locked in even if the primary trailing stop fails to trigger.

Recommendations for Best Performance

  • Symbol: XAUUSD (Gold)

  • Timeframes: M15 (Need Preset)

  • Broker Requirements: ECN or Market Maker account with very low slippage and a maximum spread of 20 pips.

Key Features & Latest System Updates

Trade & Order Management:

  • Smart BreakEven: Automatically moves SL to breakeven. Fully supports auto-detection for 4 and 5-digit brokers.

  • Precision Pending Orders: New "Distance" setting allows you to set the exact distance from the indicator for placing Buy/Sell Stops.

  • Ultra-Fast Execution: Improved SL/TP modification for pending orders, executing at a blazing fast 35 milliseconds.

  • Bug Fixes: Resolved Buy/Sell modify errors and fixed Trailing Stop calculation issues outside of active trading hours for the Scalp-Swing strategy.

Advanced Filters & UI:

  • Auto GMT: Automatically detects and sets the correct GMT offset for your broker.

  • Spread Protections: New FilterSpread and MaxAverageSpread settings to pause trading during high volatility. Includes SpreadTooHighDeleteOrderMin and IntervalMin functions.

  • Virtual Trailing Stop (Stealth Mode): Hide your trailing stop levels from your broker using the new Virtual Trailing Stop features.

  • Customizable Info Panel: A beautifully redesigned on-chart dashboard. You can easily adjust the DisplayFont size and TextColor to suit your chart theme.

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MQL TOOLS SL
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Experts
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TICK STACK LTD
5 (1)
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Simon Reeves
5 (13)
Experts
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Experts
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Experts
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